How Did Donald Trump Make $1.4 Billion From Crypto?
7/1/202631 min
Today we look at how President Trump made more than $1 billion from cryptocurrency in his first year back in office.
The President’s mandatory financial report revealed that he also earned millions from real estate and Trump-themed items. But the White House denies that he is profiting from the presidency. Alex and James are joined by chief North America correspondent, Gary O’Donoghue.
Plus, we look at a week of big rulings for the President in the Supreme Court, including a defeat for the president over birth right citizenship and decisions which expand the power of the presidency.
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New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bbc.in/4guXgXd Newscast brings you daily analysis of the latest political news stories from the BBC. The presenter was James Cook and Alex Forsyth. It was made by Miranda Slade with Anna Harris, Shiler Mahmoudi and Gabriel Purcell-Davis. The social producers were Joe Wilkinson and Jem Westgate. The technical producer was Mike Reegard. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.
Clips
Transcript preview
First 90 secondsSpeaker 10:00
This BBC podcast is supported by ads outside the UK. [digital tone] How many streaming subscriptions do you have? Is it the same for your business? Avoid it by having all your business on one platform. Try Odoo for free at odoo.com. That's O-D-double O.com.
Gary O'Donoghue0:17
[upbeat music] The United States is about to mark its 250th anniversary.
Speaker 10:22
And so on the Global Story podcast from the BBC, we're telling surprising tales of American influence on the world stage and in ordinary people's lives all across the globe.
Speaker 30:33
We have this ability to export our story, and, uh, a lot of people have bought it.
James Cook· Host0:38
I feel like the American Dream is alive, but not well.
Gary O'Donoghue0:41
From the BBC, it's The United States at 250.
Speaker 10:43
Listen on bbc.com or wherever you get your podcasts.
James Cook· Host0:47
[digital tone] Hello, Alex.
Alex Forsyth· Host0:50
Hello, James.
James Cook· Host0:51
Bibles.
Alex Forsyth· Host0:52
Mm-hmm.
James Cook· Host0:53
Watches, trainers, fragrances. [laughs] Guitars.
Alex Forsyth· Host0:57
Hang on. I wonder where you're going with this.
James Cook· Host0:59
[laughs] What do these have in common? They weren't purchases by the S&P's formative executive Peter Marrl. [laughs] What do they have in common?
Alex Forsyth· Host1:06
It sounds a little bit like that game you play at Christmas when you list what you bought in the shops. I mean, I, the, what do they have in common, James? Stuff you can buy secondhand online? I don't know.
James Cook· Host1:15
They are, they are stuff you can buy that is Trump themed.
Alex Forsyth· Host1:18
Ah.
James Cook· Host1:19
They are all examples of Trump themed items that helped the president amass $4.7 million last year, in addition to the more than a billion dollars he made from business dealings